U.S. stock market: Is it a bull, a bear, or a bull in a bear?
By Noel Randewich (Reuters) -The U.S. stock market’s rebound in recent weeks has analysts and investors questioning whether 2022’s deep downturn has ended, but how…
Business
Oil output halted at 7 U.S. Gulf platforms on pipeline outage
By Arathy Somasekhar and Laila Kearney HOUSTON (Reuters) -U.S. offshore oil producers Shell, Chevron and Equinor on Thursday halted operations at facilities pumping hundreds of…
U.S. appeals court rejects GM racketeering suit against Fiat Chrysler
(Reuters) – A U.S. appeals court upheld a 2020 ruling that tossed out a racketeering lawsuit General Motors Co filed against rival Fiat Chrysler Automobiles…
Inflation steers budget shoppers away from Walmart. Bringing them back may not be easy
By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar…
Nasdaq, S&P 500 retreat as rate hike fears cool stock rally
By Herbert Lash and Bansari Mayur Kamdar NEW YORK (Reuters) -The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the…
Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit
By Divya Rajagopal and Rod Nickel TORONTO (Reuters) – Suncor Energy could reap over $8 billion and boost returns to unhappy shareholders if it sells…
Miners face supply chain overhaul to meet U.S. EV credit deadline
By Clara Denina (Reuters) – Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key…
Ukraine resumes Russian oil flows to Hungary, Slovakia as bills settle
(Reuters) – Oil flows have resumed from Russia to Hungary and Slovakia via the Ukrainian section of the Druzhba oil pipeline, Ukraine’s Naftogaz said on…
El Al CEO sees approval for Saudi-Oman corridor within days
By Steven Scheer JERUSALEM (Reuters) -Permission for El Al Israel Airlines to fly over Oman is expected in “a matter of days”, chief executive Dina…